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say the slow down in nonfarm payrolls will reflect the effect of sandy. joining us this hour is bank of america merrill lynch global research senior research economist michelle mire and we'll talk through everything that's been happening through jobs and what to expect. but first, there is a developing story. an earthquake off the northeast coast of japan triggered a tsunami warning. the warning has been lifted, but it was a 7.3 quake. so far no reports of any injuries or damage. it was for the same area devastated by an earthquake and tsunami back in march of last year. we will continue to bring you any developments. in the meantime, steve has some of the morning's top other stories. >> let's start with the markets. asian stocks rallying to 2012 highs overnight. the nikkei edging lower after hitting a se hitting hitting a seven month closing high yesterday. european trading, shares seem to be fwllat. bundesbank announced it had cut its growth outlook for the country. in the u.s., the nasdaq snapped its losing streak yesterday with its first gain in five days. the dow was on pace for
for hurricane sandy. the sold-out show lasted nearly six hours and was said to have reached an audience of two billion, with a b, people around the world. it was broadcast over tv, radio, internet, quite a night if you were lucky enough to have a ticket. i was actually at another charity dinner where they auctioned off tickets to this event with a car waiting outside and some very generous person spend $19,000 and bought the tickets. >> not that much. >> 19 you think is not? >> i thought there were tickets earlier that were going for more than that, also. >> it was an extraordinary concert for an extraordinary situation. and -- >> it will be interesting to see how much money -- >> we'll probably find out soon enough how much money was raised. >> 12-12-12. and we're all still here. >> someone told me at 12:-12-12 and at 12:12, i called penelope. i wanted to be on the phone for that moment. i thought it was very row mant ek. you didn't do that. >> i didn't. >> it's really not 100 years. it's 88 years. was she laughing about that? >> she was. >> she's a big viewer. so she knew 100 years, you coul
the fed is a little less interested in. and the labor department also saying that superstorm sandy -- >> impact of that. >> on data collection for the month of november. >> interesting. >> one thing we have seen in the wake of the hurricane is a rise in prices. but apparently not happening this time around. . >> mr. liesman, thank you. mr. santelli, thank you. >> thank you. >> all right. our next guest is a member of the fix the debt campaign and while he's trying to get washington to avoid the fiscal cliff, he's also running aerospace giant boeing and joining us now from chicago is jim mcnerney, boeing chairman and ceo. mr. mcnerney. great to see you. earlier we said we do want you to fix the fiscal cliff, obviously, if you have time. but we also want you to make great airplanes and make sure you've got those totally perfect before you really start. you know, we can't put everything on you at this point. >> are you asking about the 787, joe? >> no. just in general, we want the safest planes, but you know what? i do have to ask you about that eventually with the generator and the q
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